White Paper: Invoice Fraud
Accounts payable fraud is a common type of scam that targets a company's accounts payable department, which is in charge of paying suppliers and other vendors. Because of the scope and amount of money involved, the impact of AP fraud on an organization can be extremely damaging. According to a recent report published by the Association of Certified Fraud Examiners (ACFE), a typical company loses up to 5% of its revenue each year to fraud.
In this white paper, we will explain what exactly invoice fraud is and how criminals exploit vulnerabilities in companies and processes. In addition, we will discuss developments currently exacerbating the threat. Finally, we will provide you with tips on how to detect invoice fraud, and show you how an automated AP solution might help protect your company.
Please fill out the form on the right to download the white paper.
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